China October HSBC Manufacturing PMI rises to 50.9 vs 50.2

Nov 1, 2013

Flash: Concerns about borrowing squeeze in China largely overblown - BBH

The PBOC is back on the reverse repo button, with Marc Chandler, Global Head of Currency Strategy, noting that concerns about another borrowing squeeze in China have been largely overblown.

China HSBC PMI unchanged at 50.7, strongest improvement in 7 months

The HSBC Purchasing Managers’ Index (PMI) came at 50.9 in October, unchanged from the earlier flash reading, and 0.7 bp rise from 50.2 in September. It is the strongest improvement in seven months.